Over the past five years, the renewable energy sector has experienced an unprecedented boom in terms of investment and technological development, due to growing recognition of the role it will play in combating climate change, ensuring energy security and sustainably meeting rising energy...

Incentivizing businesses to lower carbon emissions and trade back excess carbon allowances paved the way for rapid growth in carbon credit ETFs. The use of carbon allowances as a hedging alternative fueled this rally further, causing a shift to speculation and forming repetitive bubbles....